Section A – KMP Resignation Details
Name of Resigning KMP: Shri Kanya Sadhuram Badlani
Designation: Director (Nominee of Gujarat State Fertilizers & Chemicals Limited [GSFC])
Reason for Resignation: Ceased to be a Director consequent upon the withdrawal of his nomination by GSFC.
Effective Date of Resignation: 31st August 2026
Date of Resignation Letter: The e-mail from GSFC Company Secretary was dated 31 August 2026. The GIPCL disclosure was signed and dated 31 August 2026.
Board’s Acknowledgment / Statement: Not Specified
Replacement Appointed (if any): Dr. Rajender Kumar, IAS, Managing Director of GSFC, has been nominated by the GSFC Board as a Director on the Board of GIPCL, vice Shri K. S. Badlani. The GSFC Board approved this nomination at its meeting held on 12/08/2026.
Regulatory Compliance Statement (SEBI LODR, Circulars): The disclosure is made pursuant to Regulation 30(2) read with Para A of Part A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also references compliance with SEBI circular SEBI/HO/CFD/CFD-PoD2/CIR/P/0155 dated November 11, 2024.
Delay in Disclosure (if applicable): Not Specified. The disclosure was made on the same day as the effective date of resignation (31 August 2026).
Section B – Additional Observations or Disclosures
Transition & Internal Role Reallocations: The change is a direct replacement of one nominee director (Shri K.S. Badlani) with another (Dr. Rajender Kumar) by the nominating entity, GSFC.
Successor Appointments: The new nominee is Dr. Rajender Kumar, IAS, who is the Managing Director of GSFC.
Section C – Financial & Governance Disclosures (If Present)
This section is not present in the provided data. The disclosure is solely regarding the change in directorship.